Zeta Global Holdings Corp. (NYSE:ZETA) Shares Purchased by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP increased its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 72.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 362,245 shares of the company's stock after buying an additional 152,767 shares during the period. Zeta Global comprises approximately 1.5% of Advantage Alpha Capital Partners LP's investment portfolio, making the stock its 19th largest holding. Advantage Alpha Capital Partners LP owned approximately 0.15% of Zeta Global worth $6,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ZETA. FMR LLC lifted its stake in Zeta Global by 84,132.4% in the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company's stock worth $106,235,000 after purchasing an additional 3,557,119 shares in the last quarter. Lord Abbett & CO. LLC raised its holdings in Zeta Global by 85.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock valued at $170,332,000 after buying an additional 2,623,980 shares during the period. Summit Partners Public Asset Management LLC lifted its stake in Zeta Global by 210.4% during the third quarter. Summit Partners Public Asset Management LLC now owns 2,513,494 shares of the company's stock worth $74,978,000 after purchasing an additional 1,703,679 shares in the last quarter. Battery Management Corp. purchased a new position in shares of Zeta Global in the fourth quarter valued at approximately $15,954,000. Finally, Geode Capital Management LLC boosted its holdings in Zeta Global by 18.8% in the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company's stock valued at $127,302,000 after purchasing an additional 674,192 shares during the period. Hedge funds and other institutional investors own 87.75% of the company's stock.

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Zeta Global Price Performance

Zeta Global stock traded down $0.74 during trading hours on Thursday, hitting $14.38. The stock had a trading volume of 3,455,528 shares, compared to its average volume of 4,925,468. Zeta Global Holdings Corp. has a 1-year low of $10.30 and a 1-year high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The stock's fifty day moving average is $18.10 and its two-hundred day moving average is $22.42. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of -20.54, a PEG ratio of 1.65 and a beta of 1.18.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ZETA shares. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Barclays reduced their price objective on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research note on Thursday, February 27th. Morgan Stanley raised their target price on shares of Zeta Global from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 26th. Royal Bank of Canada decreased their price target on shares of Zeta Global from $43.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, January 3rd. Finally, The Goldman Sachs Group dropped their target price on Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, March 4th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $36.86.

Zeta Global Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.